I am going to keep an eye out for others as I continue forward.

Keep an eye for the next one, it would be a great opportunity to network.Cheers, and have a great long weekend!

It does open the eyes to many sellers of  properties to Consider the world of Creative Financing that they may have been opposed to in the past .

I have my eye on a particular property that did not sell at auction and really have no idea what a reasonable listing and accepted offer price will be once it's on the MLS.The fair market value is about $180k, it got no bids at auction at $140k.

Times: "If you rent to a family member or friend for less than fair market value, your property loses its rental status in the eyes of the IRS and becomes, instead, a second home.

So Cozy clearly keeps an eye on this thread and I expect they would be responsible for the votes, but that seems fair. 

This helps reinforce in the eyes of the law they are separate entities should you be challenged.

Keep an eye out for foreclosures and short sales. 

Here is my opinion so far:US:- 30yr fixed principle repayment mortgage, so actually build equity assuming 0 appreciation- rates around 4.2% right now (also get a small discount through work)- first 4 properties 20% down, then 25%- can deduct all expenses plus depreciation- I have a large liability in USD (student loan) so would be good to have a USD cash flow and avoid FX riskUK:- interest only mortgages with 3-5% fixed rates for 3-5 years...then need to refinance (which can be expensive and unpredictable...also interest only so relying on appreciation)- however, interest only improves the cash flow significantly as the mortgage amounts are tiny- 25%+ down- slightly less tax friendly, it seems- much less space, higher population density and growth...points to higher average appreciation potentialDoes anyone have any thoughts?

One VERY long term tenant who pays rent lower than the average rent amount (she has a lower rent amount as she came with the building and wants to stay) she pays with a years worth of post dated cheqs and keeps a great eye on our place.